Reliance Dividend
Dividend criteria checks 4/6
Reliance is a dividend paying company with a current yield of 1.54% that is well covered by earnings.
Key information
1.5%
Dividend yield
19%
Payout ratio
Industry average yield | 7.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | Mex$21.87 |
Dividend yield forecast in 3Y | 1.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RS *'s dividends per share have been stable in the past 10 years.
Growing Dividend: RS *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Reliance Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (RS *) | 1.5% |
Market Bottom 25% (MX) | 2.1% |
Market Top 25% (MX) | 6.8% |
Industry Average (Metals and Mining) | 7.4% |
Analyst forecast in 3 Years (RS *) | 1.2% |
Notable Dividend: RS *'s dividend (1.54%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.08%).
High Dividend: RS *'s dividend (1.54%) is low compared to the top 25% of dividend payers in the MX market (6.8%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.9%), RS *'s dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.9%), RS *'s dividend payments are well covered by cash flows.